CI Investments Inc. Buys 10,850 Shares of RH $RH

CI Investments Inc. boosted its stake in shares of RH (NYSE:RH) by 71.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 26,105 shares of the company’s stock after buying an additional 10,850 shares during the period. CI Investments Inc.’s holdings in RH were worth $3,650,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of RH. Durable Capital Partners LP boosted its stake in RH by 125.1% during the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after buying an additional 359,101 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in shares of RH by 1,797.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock valued at $44,134,000 after acquiring an additional 233,373 shares during the period. Alliancebernstein L.P. raised its stake in shares of RH by 66.1% in the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after acquiring an additional 228,229 shares during the period. Alyeska Investment Group L.P. lifted its holdings in shares of RH by 200.5% in the 3rd quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock worth $60,480,000 after acquiring an additional 198,615 shares during the last quarter. Finally, Senvest Management LLC lifted its holdings in shares of RH by 30.1% in the 4th quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock worth $150,948,000 after acquiring an additional 194,773 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Neutral Sentiment: RH said Ryan Hassanein will oversee legal, compliance, product safety, and vendor compliance, adding experienced leadership in a critical governance role. RH Announces the Appointment of Ryan Hassanein as Chief Legal & Compliance Officer
• Neutral Sentiment: The company also promoted Sandy Pilon to lead customer experience and values across RH’s global brand touchpoints, signaling an internal reorganization focused on execution and customer service. RH Announces the Promotion of Sandy Pilon to Chief Customer Experience & Values Officer

RH Trading Down 5.2%

Shares of NYSE RH opened at $166.03 on Friday. RH has a twelve month low of $106.30 and a twelve month high of $257.00. The firm has a market cap of $3.14 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 4.02 and a beta of 1.88. The business has a fifty day simple moving average of $155.34 and a two-hundred day simple moving average of $161.89. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. The firm had revenue of $800.33 million for the quarter, compared to the consensus estimate of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the firm earned $0.13 earnings per share. Analysts expect that RH will post 4.27 earnings per share for the current fiscal year.

Insider Buying and Selling at RH

In other RH news, CEO Gary G. Friedman sold 48,238 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the sale, the chief executive officer owned 3,226,337 shares of the company’s stock, valued at approximately $511,890,628.42. This trade represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was bought at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the acquisition, the director directly owned 32,190 shares in the company, valued at approximately $5,179,371. This trade represents a 54.74% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RH. Citigroup upped their price target on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, June 15th. UBS Group dropped their target price on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of RH in a research note on Monday, May 11th. Stifel Nicolaus increased their price target on RH from $110.00 to $130.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Finally, The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and raised their price target for the stock from $86.00 to $155.00 in a research note on Wednesday, July 8th. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, RH presently has a consensus rating of “Hold” and an average target price of $171.71.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.